課程資訊
課程名稱
投資學
Investments 
開課學期
114-1 
授課對象
國際企業學系  
授課教師
王之彥 
課號
IB3004 
課程識別碼
704 32400 
班次
02 
學分
3.0 
全/半年
半年 
必/選修
必修 
上課時間
星期一7,8,9(14:20~17:20) 
上課地點
管二305 
備註
國企大三7選5必修
限學士班三年級以上
總人數上限:100人
外系人數限制:40人 
 
課程簡介影片
 
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課程概述

An investment is the current commitment of money or other resources in exchange for future benefits, i.e., you sacrifice something of value now and expect to benefit from that sacrifice later. Since every investor is concerned about the rate of return (報酬率) he earns and the degree of risk (風險程度) (i.e., uncertainty (不確定性)) he bears when making investment decisions, security markets are so competitive that it is difficult to earn abnormal returns (異常報酬或是超額報酬) when investing securities.
In addition to learning how to estimate the rate of return and the degree of risk of financial assets or portfolios (金融資產或組合), students in the course will also study comprehensive investment-related knowledge, including but not restricted to (1) characteristics of diverse financial securities (金融證券); (2) security valuation methods (證券評價方法) (e.g., DCF, CAPM, APT, macroeconomic or financial statement analysis, etc.) and how to identify over- or under-valued securities; (3) analyzing market efficiency (市場效率性) and using proper fundamental- (基本分析) or technical-analysis (技術分析) trading strategies (交易策略) in markets with different degrees of efficiency; (4) the portfolio theory (投資組合理論) for constructing risk-diversified portfolios.
Understanding the content of this course not only gives you a sense to manage your personal wealth in the future but also builds you a solid foundation for more advanced courses in the finance field.

Please find the full course syllabus on my website: https://homepage.ntu.edu.tw/~jryanwang/courses/Investments%20(undergraduate%20level)/I_undergraduate.htm 

課程目標
※ Students can know various kinds of financial instruments and their characteristics.
※ Students can learn how to estimate the rate of return and the degree of risk of financial assets or portfolios.
※ Students can understand the portfolio diversification and how to construct efficient portfolios.
※ Students can realize the Capital Asset Pricing Model (CAPM), one of the most important theory in the finance area.
※ Students can calculate the theoretical values and analyze risks associated with stocks or bonds.
※ Students can discern the degree of market efficiency in a financial market and thus employ proper trading strategies. 
課程要求
Suggest to learn Financial Management (財務管理) first and then Investments (投資學), since some basic tools, like discounted cash flow method or internal rate of return, are taught in Financial Management but not in Investments. 
預期每週課前或/與課後學習時數
Expected weekly study hours before class: 0.5 hours
Expected weekly study hours after class: 3 hours 
Office Hours
每週二 15:10~16:30 
指定閱讀
Essentials of Investments, by Bodie, Kane, and Marcus, 2025, 13th ed. 
參考書目
 
評量方式
(僅供參考)
   
課程進度
週次
日期
單元主題
無資料